3PL operator needs last-mile warehouse
Posted by the tenant · Logistics
- Where
- South Bronx, Long Island City +1
- Size
- 15,000 to 30,000 SF
- Budget
- to $45/SF
- Move in
- Jan 2027
Self-storage building · Long Island City, Queens
Long Island City, NY 11101
37-19 Crescent Street is a 7-floor self-storage building in Long Island City, Queens, built in 2008, with about 47,000 square feet of industrial and storage space according to city records.
The 73rd largest of the 102 industrial and storage buildings we track in Long Island City. Compare it with 6 neighbors
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Compared with its neighbors
Next to the 6 nearest large industrial and storage buildings, all within a 7 minute walk, 37-19 Crescent Street ranks 3rd of 7 by industrial and storage floor area. It went up in 2008; the median neighbor dates from 1925. Its estimated property tax, about $1.91 a square foot of floor area before abatements, is below the neighbors' median of $3.11.
| Building | Industrial and storage space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 37-19 Crescent Street | 47K SF | 7 | 2008 | $1.91 | Jul 2022, $12.8M |
| 24-14 37th Avenue | 37K SF | 6 | 2010 | $0.82 | n/a |
| 38-20 30th Street | 37K SF | 4 | 1929 | $3.72 | n/a |
| 39-25 21st Street | 87K SF | 5 | 1925 | $3.51 | Dec 2020, $45.5M |
| 22-14 40th Avenue | 39K SF | 6 | 1925 | $3.31 | n/a |
| 21-22 40th Avenue | 44K SF | 6 | 1911 | $2.91 | n/a |
| 21-02 40th Avenue | 52K SF | 6 | 1912 | $2.37 | n/a |
Sources: NYC Department of City Planning, PLUTO 26v2 for size, floors and year built; NYC Department of Finance 2026/27 roll for tax (taxable value times the class rate, before abatements, over the whole floor area); ACRIS for the last deed that moved the whole lot for a real price (a price for several lots is their combined price; condominiums sell by the unit and show n/a). Large means at least 35,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-05; subway stations from the MTA Subway Stations dataset, pulled 2026-10-05. Floor areas are the city's estimates for the whole building, not available space. Walking times are straight-line estimates. How we build these pages. Something wrong on this page? Tell us.
NYC Department of Finance records
The Department of Finance lists QUEENS SELF STORAGE OWNER, LP as the owner of record. For tax year 2026/27 the city values 37-19 Crescent Street at $8.61 million and assesses it at $3.88 million. After phase-ins and exemptions its taxable value is $824,715; at the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists) that comes to about $89,465 a year before abatements, roughly $1.91 per square foot of floor area. Commercial leases here often pass a tenant's share of tax increases over a base year through as additional rent.
Source: NYC Department of Finance, Property Valuation and Assessment Data (2026/27 roll; owner names as the roll records them, which cuts some long names short), pulled 2026-10-09; tax rate from the Department of Finance tax rates page, checked 2026-09-28. The estimate is the taxable value times the class rate. It leaves out abatements, payment-in-lieu-of-taxes agreements and charges, so the actual bill can differ.
Own or manage 37-19 Crescent Street? List a space here free and we match it against every active requirement.
NYC property records (ACRIS)
37-19 Crescent Street last sold in July 2022 for $12.8 million, according to the deed recorded with the city. ASTORIA RISING, LLC sold it to QUEENS SELF STORAGE OWNER, LP. That comes to about $272 per square foot of floor area.
Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-09; prices as the deeds state them, names as recorded (companies and public bodies only). Shown are deeds that move the whole lot for a real price. Transfers between related companies for a nominal sum, sales of partial interests, land sales before the building went up and sales of the company that owns a building are left out.
NYC energy benchmarking (Local Law 84)
37-19 Crescent Street's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (no single use that ENERGY STAR scores covers more than half of the floor area), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 44.8 kBtu per square foot, 65% above the national median of 27.1 for a similar property. Its greenhouse gas emissions were about 96 metric tons of CO2e (3.51 kg per square foot).
Source: NYC Department of Buildings and Mayor's Office of Climate and Environmental Justice, NYC Building Energy and Water Data Disclosure for Local Law 84 (2024 filing), pulled 2026-10-09; grade cutoffs from the Department of Buildings energy grades page. Figures are as the owner filed them in ENERGY STAR Portfolio Manager.
Local Law 97 of 2019, estimated
At its 2024 energy use, 37-19 Crescent Street comes to about 81 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 116 tons for 2024 to 2029 (69% of the limit), so it would owe no penalty. From 2030 the limit drops to 17 tons and the same energy use counts as about 60 tons, about 43 tons over, or an estimated $12,000 a year unless the building cuts its emissions.
Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Self-Storage Facility 27,325 SF. It applies the coefficients and per-use limits in Department of Buildings rule 1 RCNY 103-14 and Administrative Code 28-320.3.1.1 (as the Department lists them) and the $268 per ton penalty, checked 2026-10-04. It is not the building's Local Law 97 report: that report can count renewable energy credits, solar and storage deductions and, for 2024 and 2025, the law's occupancy group limits where higher, and penalties can be reduced for good faith efforts.
Change these numbers in the Local Law 97 calculator to see what a cut in energy use would do to the penalty.
Own or manage 37-19 Crescent Street? List a space here free and we match it against every active requirement.
NYC Department of Buildings permits
The Department of Buildings issued no permits for new jobs at 37-19 Crescent Street in the 12 months to October 2026; the last one was first permitted in August 2023.
Build-outs across Long Island CityWhere NYC offices are being built out
Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-09 (permits issued through 2026-10-06). A job counts once, when its first permit is issued; renewals are not new work. A build-out groups jobs on the same floors first permitted within 120 days of each other. Costs are the estimates filed with the jobs. Jobs filed before DOB NOW (in the older BIS system) are not counted. A permit is approval to do the work; it does not say who the work is for or whether it is finished.
No live requirements for industrial and storage space in Long Island City yet. These labeled examples show what tenants post. List a space in 37-19 Crescent Street and we match it against every new one automatically.
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37-19 Crescent Street has about 47,000 square feet of floor area in total, including 47,000 square feet of industrial and storage space, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.
City records list 2008 as the year built. The building is 7 floors tall.
37-19 Crescent Street is in ZIP code 11101, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 37-19 Crescent Street, Long Island City, NY 11101.
The lot is in the M1-2/R5D zoning district. PLUTO lists a built floor area ratio (FAR) of 5.37 and a maximum commercial FAR of 2 for this lot.
The closest subway station to 37-19 Crescent Street is 39 Av-Dutch Kills (the N and W trains), about 0.3 miles away in a straight line, roughly 5 minutes on foot. Also nearby: 36 Av (the N and W trains), 6 min walk; 36 St (the M and R trains), 9 min walk. Walking times are straight-line estimates; the street route is longer.
The NYC Department of Finance's 2026/27 assessment roll lists QUEENS SELF STORAGE OWNER, LP as the owner of record of 37-19 Crescent Street (BBL 4003680011). Big buildings are usually held through a company set up for that one property, so the name on the roll can differ from the landlord's brand or the managing agent. Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
37-19 Crescent Street last sold in July 2022 for $12.8 million, according to the deed recorded with the city. ASTORIA RISING, LLC sold it to QUEENS SELF STORAGE OWNER, LP. That comes to about $272 per square foot of floor area. The deed is ACRIS document 2022072100134001 (BBL 4003680011) in the city's property records. A sale of the company that owns a building is not recorded as a deed, so it would not show there.
37-19 Crescent Street's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (no single use that ENERGY STAR scores covers more than half of the floor area), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 44.8 kBtu per square foot, 65% above the national median of 27.1 for a similar property. Its greenhouse gas emissions were about 96 metric tons of CO2e (3.51 kg per square foot).
At its 2024 energy use, 37-19 Crescent Street comes to about 81 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 116 tons for 2024 to 2029 (69% of the limit), so it would owe no penalty. From 2030 the limit drops to 17 tons and the same energy use counts as about 60 tons, about 43 tons over, or an estimated $12,000 a year unless the building cuts its emissions. This is an estimate from the owner's 2024 benchmarking filing using the coefficients and per-use limits in the law and the Department of Buildings rule, at $268 per ton over. It is not the building's Local Law 97 report, which can count credits and deductions this estimate cannot.
The Department of Buildings issued no permits for new jobs at 37-19 Crescent Street in the 12 months to October 2026; the last one was first permitted in August 2023. These are the Department of Buildings' DOB NOW work permits for tax lot 4003680011. A permit is approval to do the work; it does not say who the work is for or whether it is finished.
The Department of Finance's 2026/27 assessment roll lists a taxable value of $824,715 for 37-19 Crescent Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $89,465 a year, roughly $1.91 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4003680011 show the actual bill.
For tax year 2026/27, the NYC Department of Finance puts the market value of 37-19 Crescent Street at $8.61 million ($523,000 of it land) and its assessed value at $3.88 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 21% from 2022/23 ($7.12 million) to 2026/27.
No space at 37-19 Crescent Street is listed on Leasemark right now. Owners and brokers can list space here for free, and tenants can post a requirement to be matched when space opens up.
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